Dana Gas Egypt’s Operational Cash Flow Up 175% in H1 2021
Dana Gas reported its performance during H1 2021. The company's Egypt operational cash flow jumped by 175%, reaching $80 million in the mentioned period.
Dana Gas | Egypt Oil & Gas - Part 4
Dana Gas Wins Arbitration On Sale Of Egypt Assets
The London Court of Arbitration (LCIA) has ruled in favor of Dana Gas against IPR Wastani Petroleum’s arbitration on IPR’s Sale and Purchase Agreement (SPA) for the oil and gas assets in Egypt.
Dana Gas Increases Production by 2% YoY
Dana Gas’s total production has averaged around 64,900 barrels of oil equivalent per day (bbloe/d) indicating a 2% increase compared to 63,650 bbloe/d in Q1 2020.
Dana Gas, Crescent Petroleum Resume Khor Mor Expansion Project
Dana Gas, and its partner Crescent Petroleum have resumed the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petroleum con ...
Dana Gas Terminates Egyptian Assets Sale Agreement
Dana Gas has terminated its agreement with IPR Wastani Petroleum Ltd for the sale of its Egyptian assets, according to Dana Gas’ press release.
Dana Gas Boosts Resilient Operational Performance in 2020
Dana Gas Company announced its preliminary unaudited financial Results for the full year 2020.
Khor Mor Achieves Gas Production Record of 430 mmcf/d
Dana Gas achieved a production record from Pearl Petroleum’s Khor Mor Gas Plant of 430 million cubic feet per day of gas (mmcf/d) on December 15 in the Kurdistan Region of Iraq (KRI).
Dana Gas Records Net Profit of $31 MM in Nine Months
Dana Gas Company announced that it generated a net profit of $31 million during the first nine month of 2020 compared to $69 million during the same period of 2019, excluding one-off non-Cash impairments and other ...
Dana Gas Pays Off Outstanding Sukuk in Full
Dana Gas has finally paid off its outstanding Sukuk of $309 million.
Dana Gas to Sell Egypt Onshore Assets to IPR for $236 MM
Dana Gas and IPR Wastani Petroleum Ltd have entered into a binding agreement for the sale of Dana Gas’s onshore Egyptian producing oil and gas assets valued at $236 million including contingent payments.
